The energy company reported lower Q1 2025 revenue and profitability, citing unfavourable oil prices and production declines in Tunisia as well as delays in a Romania tax refund.
The energy company has announced the details for its upcoming Annual General Meeting.
The energy company is awaiting a VAT refund from the Romanian government after winning a court case, but the government has missed the deadline to make the payment.
The energy company has granted new shares to its top executives as part of their long-term incentive plan.
The oil and gas producer faced significant headwinds in 2024, reporting widened losses and revenue decline due to lower production and reduced gas prices, particularly in its Romanian operations.
The oil and gas exploration company faced significant challenges in 2024, with declining revenue, widening operating losses, and substantial impairment charges, particularly in its Romanian operations. Customer concentration and cash flow pressures add to concerns.
The oil and gas exploration company will present its 2024 annual results via an online investor meeting, but provides few details on the company's performance.
The oil and gas company has won a VAT litigation case in Romania, securing a significant refund and interest compensation from the tax authority.
Oil and gas exploration company Serinus Energy sees director increase stake.
Minor increase in shareholding by financial services provider Spreadex in oil and gas exploration company Serinus Energy.